IDFC FIRST Bank Credit Manager Interview Questions, Process, and Tips

Q1. More about Field related
Add your answer
Q2. Technical questions
Add your answer

Q1. What is STD in cibil ?
Ans. 
STD in CIBIL stands for 'Standard' and refers to a credit score category indicating a moderate level of creditworthiness.
• STD is one of the credit score categories used by CIBIL, a credit information company in India.

• It represents a moderate level of creditworthiness, indicating that the borrower has a fair credit history.

• Borrowers with an STD rating may have a mix of positive and negative credit behavior.

• Lenders may co...read more
Answered by AI
Add your answer
Q2. Delinquency ratio ?
Ans. 
Delinquency ratio is a financial metric that measures the percentage of outstanding loans that are past due.
• Delinquency ratio is calculated by dividing the total amount of delinquent loans by the total outstanding loan balance.

• It is used by credit managers to assess the credit quality and risk of a loan portfolio.

• A high delinquency ratio indicates a higher risk of default and potential financial losses.

• For example, if ...read more
Answered by AI
Add your answer
Q3. Overall role and work process .
Add your answer
Q4. Introduce yourself family background
Add your answer
Q5. Why want to join here
Add your answer

Normal reasoning ,English ,Aptitude questions

Q1. How many files do you sanction per month ??
Ans. 
I sanction an average of 50 files per month.
• I typically sanction around 50 files per month.

• The number of files sanctioned can vary depending on the complexity of each case.

• For example, in busier months, I may sanction up to 70 files, while in slower months, it may be closer to 40.

• I prioritize quality over quantity when sanctioning files to ensure accuracy and compliance.
Answered by AI
Add your answer
Q2. How can you assess the credit worthiness with income docs ??
Ans. 
Credit worthiness can be assessed with income docs by analyzing income stability, consistency, and sufficiency.
• Verify the source of income to ensure it is stable and reliable.

• Check for consistency in income levels over a period of time.

• Assess whether the income is sufficient to cover existing debts and potential new credit obligations.

• Look for any irregularities or discrepancies in the income documentation.

• Consider the...read more
Answered by AI
Add your answer

Q1. Introduction and my previous experiences
Add your answer

Q1. Ric and banking importance Previous experiences
Add your answer

Q1. Salary discussion and the documents upload
Add your answer

Q1. What is dscr and ice ratio
Ans. 
DSCR stands for Debt Service Coverage Ratio and ICE Ratio stands for Interest Coverage Ratio.
• DSCR is a financial ratio that measures a company's ability to cover its debt payments with its operating income.

• It is calculated by dividing the company's operating income by its total debt service.

• A DSCR of 1 or higher indicates that the company is generating enough income to cover its debt obligations.

• ICE Ratio, on the other...read more
Answered by AI
Add your answer

Q1. Relating to Credit underwriting
Add your answer

Q1. Salary regarding, and job location, product handling
Add your answer